Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf:
(a) because of subsection 40 - 30(6), this Division applies to a * mining, quarrying or prospecting right (the new right ) as if it were a continuation of another mining, quarrying or prospecting right you * held; and
(b) the new right satisfies the condition in subparagraph (b)(ii) of that subsection because it relates to an area that is a part of the area that the other right relates to;
the first element of the cost of the new right is a reasonable proportion of the * adjustable value of other right at the time just before the other right ends.